Summary
Understanding Residential Units: The video defines residential units as those intended for sale after development, either to reduce debt or for other reasons. Key steps and costs are linked to the dashboard for easy management.
Sales Commission Insights: Commissions for sales can be customized (e.g., 7%) and overridden, marked visually in the system for clarity.
Net Salable vs. Built Area: Highlights the importance of differentiating between total built area (includes garages and open spaces) and net salable area (livable areas). Provides an example: 150 square meters built vs. 120 square meters livable.
Manual Adjustments: Offers flexibility to modify variables, like construction cost or area allocation per unit, to suit specific project needs.
Cost Breakdown and Calculations: Details on construction costs, land value, and other financial aspects are managed centrally, with a clear process for adjustments and recalculations.
Insights Based on Numbers
- 150 square meters vs. 120 square meters: Differentiating total built area from net salable area is crucial for pricing and cost calculations.
- 44% land value contribution: The land value is broken down into specific percentages relative to the projectβs scale.